Deputy Finance Minister 2, Bockarie Kalokoh Launches SLCB 50th Jubilee Celebration

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Deputy Finance Minister 2, Bockarie Kalokoh Launches SLCB 50th Jubilee Celebration

The Deputy Finance Minister II, Bockarie Kalokoh yesterday Saturday 14th January, 2023 launched Sierra Leone’s leading financial institution, the Sierra Leone Commercial Bank (SLCB) 50th Anniversary Celebration at the Bank’s Headquarters Car Park on George Street in Freetown.

In his keynote speech, the Deputy Minister of Finance 2, Bockarie Kalokoh, said the landmark celebration was an opportune time to renew pledge and strength of the Bank.

The Deputy Finance Minister 2 congratulated the Board, Management and Staff of SLCB for their tremendous work, adding that they have demonstrated the strength, notably, in the sector of capitalization. He emphasized that the Bank has indeed maintained the leadership of financial services in the country despite competition from foreign commercial banks.

Mr. Kalokoh stressed that SLCB must therefore continue to play a leading role in nation building in the future as had been in the past, noting that it must commit itself to build the key player in the inclusive financial system to stimulate economic growth.

The Deputy Finance Minister 2 therefore urged the Bank to provide the financial literacy to its esteem customers, access to credit in order to contribute to the growth of their businesses, noting that the Bank must also exploit the imminent introduction of the national switch and continue to leverage internal technologies to increase customer access to existing and new products.

Mr. Kalokoh disclosed that the environment in which SLCB operates is anchored on nine principles including Liquidity, Profitability, Loan and Investment, Savings, Service, Secrecy and Efficiency. He therefore admonished the Staff of the Bank to maximize the potential in the next fifty years.

Celebrating its 50th Anniversary as the largest profitable Commercial Bank in Sierra Leone, SLCB can boast of thousands of active customers nationwide, with that number increasing as the Bank continues to deepen financial inclusion with new grassroots branches, products and services.

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Earlier, the Chairperson of the occasion, Mrs. Olayinka Philips, said it was an honour to join Sierra Leoneans to celebrate the epoch-making anniversary celebration. She described the celebration as colourful and impactful, adding that it is a long story worth celebrating.

Mrs. Olayinka Philips dilated on history of the Bank since its inception to date, saying it was a battle between David and Goliath in reaching the point of celebrating this huge success.

The launch of the 50th Anniversary Celebration was climaxed by live performances from traditional singers and dancers, as well as the teenage singer Leonos Di Genius.

FULL DETAILS OF THE LAUNCHING WILL BE REPORTED IN SUBSEQUENT EDITION

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